ZIP 31322 - 860Z200US31322 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 31322 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of suburban appeal and economic potential. With a population of nearly 29,000 and a median household income above the national average, 31322 presents opportunities for homebuyers, real estate investors, small-business owners, and analysts alike. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about this community.

Population & Households

ZIP code 31322 is home to 28,695 residents, making it a moderately sized community with room for growth. These individuals are distributed across 11,717 households, reflecting a mix of family units, singles, and retirees. The total number of housing units stands at 12,647, indicating a slight surplus of available properties compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential rental demand for landlords.

Income & Housing Costs

Financially, ZIP 31322 stands out with a median household income of $91,293, which suggests a relatively affluent community compared to many areas nationwide. This income level supports a robust housing market, with a median house value of $284,300. For homebuyers, this price point reflects a market that balances affordability with value appreciation potential. Renters in this area face a median rent of $1,629 per month, which aligns with the income levels and indicates a strong rental market for investors. These figures suggest that both owning and renting in 31322 are viable options depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 31322 is notably diverse, fostering a multicultural environment that can appeal to a wide range of residents and businesses. The racial composition includes 49.94% White, 31.32% Black, 2.25% Asian, and 7.23% Hispanic residents. This diversity can be a draw for families seeking inclusive communities, as well as for businesses aiming to serve varied customer bases. Understanding this mix is crucial for tailoring real estate strategies or marketing efforts to the local population.

Key Facts

• Total population: 28,695 residents in ZIP 31322.
• Total households: 11,717, with a mix of family and individual setups.
• Total housing units: 12,647, suggesting some availability for new occupants.
• Median household income: $91,293, indicating strong earning potential.
• Median house value: $284,300, a competitive price for the income bracket.
• Median rent: $1,629, reflecting a solid rental market.
• Diverse community: Nearly 50% White, 31% Black, with Hispanic and Asian representation.

What This Means for You

For homebuyers, ZIP 31322 offers a promising market with median home values at $284,300, supported by a strong median income of $91,293. This suggests stability and potential for property value growth, making it a smart choice for long-term investment in a family-friendly area. Real estate investors and agents will find the slight surplus of housing units (12,647 total vs. 11,717 households) intriguing, as it hints at opportunities for flipping properties or securing rental income at a median rent of $1,629. Small-business owners can leverage the diverse population of nearly 29,000 to target a broad customer base, while the income levels indicate disposable income for goods and services. Analysts can use these metrics to benchmark 31322 against neighboring ZIP codes for deeper market studies. Whether you’re settling down, investing, or launching a venture, this area’s data points to balanced opportunities.

Run This Study Yourself

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